Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$236,696$236,696$251,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,209$0
Funding fee$0$0$0
Note rate5.3%5.3%7.24%
Blended rate6.15%6.779%7.48%
1st payment$1,401.28$1,401.28$1,716.76
2nd payment$0.00$289.05$0.00
Taxes / mo$161.17$161.17$161.17
Insurance / mo$150.00$150.00$150.00
MI / mo$178.74$178.74$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,891.19$2,180.24$2,078.31
Cash to close$43,204$13,995$27,990